Y2K

And in the end, ‘nothing happened’.  Many of us will remember the late 1990s, when all thoughts turned to the bug in computers around the world.  Some digital timekeeping stored 2-digits for the 4-digit year, so 1900 was indistinguishable from 2000. 

Oh, the calamity predicted, and solved, at the time.  So, when the clocks ticked over and we carried on, there was a cry that it was all a hoax and a beat-up. 

I guess we’ll never know, because there’s no parallel universe where nothing was done, to compare.  

This is risk management’s challenge:  if it’s done right, nothing happens.

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Cognitive Bias

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Stakes